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How Will Bed Bath & Beyond Stock Move After Earnings?
Apr 10, 2018
Jeremy Parkinson
Finance
Bed Bath & Beyond (BBBY) is expected to report earnings Wednesday after market close. The whisper number is $1.41, one cent ahead of the analysts’ estimates and showing some confidence from the WhisperNumber community. A year ago the company reported earnings of $1.84, seven cents ahead of the whisper number. BBBY has a 68% positive […]
Wholesale Inventories Rise Most Since 2013 As Sales Rebound
Apr 10, 2018
Jeremy Parkinson
Finance
February’s preliminary wholesale inventories print rose the most since Sept 2012 and while the final print was slightly lower at +1.0% MoM – still the highest since Oct 2013. However, the inventories-to-sales ratio remained flat at 1.26x as sales also surged (+1.0% MoM vs +0.1% exp) rebounding from January’s drop. Year-over-year, wholesale sales continue to outpace inventory growth… […]
Market Nature And The Elliott Wave Theory
Apr 10, 2018
Jeremy Parkinson
Finance
The human nature by definition is the general psychological characteristics, feelings, and behavioral traits of humankind. As such, everyone shares this nature. Similarly, the market also has a market nature and since it is created by humans, we can try to understand what the market nature is. Today’s market is the result of either manual […]
March 2018 Producer Price Final Demand Year-Over-Year Inflation Again Increased
Apr 10, 2018
Jeremy Parkinson
Finance
The Producer Price Index year-over-year inflation marginally grew from 2.7 % to 2.8 %. Analyst Opinion of Producer Prices The Producer Price Index marginally grew year-over-year. Here is what the BLS said in part: The Producer Price Index for final demand advanced 0.3 percent in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported […]
Best Stocks Below Their Graham Number – Tuesday, April 10
Apr 10, 2018
Jeremy Parkinson
Finance
One popular approach to investing based on Benjamin Graham’s methods is to use the so-called “Graham Number.” There are some important differences between the Graham Number and the Graham Formula, but using the Graham Number is definitely useful even if the investor only uses it as a screening tactic. I’ve selected the best companies reviewed by […]
Nvidia Rises As Gaming Strength Seen Offsetting Crypto Weakness
Apr 10, 2018
Jeremy Parkinson
Finance
Shares of Nvidia (NVDA) are higher after a Morgan Stanley analyst upgraded the stock to Overweight, saying he expects gaming strength will offset cryptocurrency weakness in the near-term. UPGRADE: On Monday night, Morgan Stanley analyst Joseph Moore upgraded Nvidia to Overweight from Equal Weight, stating that he sees gaming strength offsetting cryptocurrency weakness in the […]
The Arena
Apr 10, 2018
Jeremy Parkinson
Finance
Here’s how I picture the equity markets at the moment: there’s a large indoor arena. There are two opponents: a bull and a bear. And there’s a ball that they’re trying to hang on to (or steal from the other, if they don’t have it). And not just any ball. An exploding ball. The ball explodes when […]
Is The FAANG Trade Over?
Apr 10, 2018
Jeremy Parkinson
Finance
recently joined a roundtable discussion hosted by Investing.com. The questions posed: Is The FAANG Bull Run Over and are Tech Stocks Still A Buy? This was my answer: The FAANGs trade is a little long in the tooth at this point, and, frankly, no trade lasts forever. Apple (AAPL), Amazon (AMZN), and Alphabet (GOOG) were all within striking distance of […]
Biggest Drop In Small Business Sentiment Since 2015
Apr 10, 2018
Jeremy Parkinson
Finance
After hitting multi-decade highs in February, optimism on the part of small businesses pulled back a fair amount in March. While economists were expecting the headline index to see a slight pullback to 107.0 from last month’s reading of 107.6, the actual decline was much larger as the index dropped to 104.7. With a m/m […]
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Will Spotify Ever Generate Profits?
Apr 10, 2018
Jeremy Parkinson
Finance
According to a report by Statista, the global music streaming market is expected to grow from $11.44 billion in 2018 to $14.79 billion in 2022 at a CAGR of 6.6%. User penetration was at 24.7% in 2018 and is expected to grow to 26.6% by 2022. Earlier this month, streaming music service provider Spotify went public. Here […]